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  • DOMESTIC FUNDS NET BUY RS.399.25 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
  • FOREIGN FUNDS NET SELL RS.525.27 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
  • MUTUAL FUNDS NET BUY RS.37.1 CR IN EQUITIES ON FEBRUARY 8
  • MCNALLY BHARAT BAGS ORDERS WORTH RS.56.64 CR FROM HINDALCO
  • FOREIGN FUNDS NET SELL RS.806.5 CR ($172.3 MN) IN EQUITIES ON FEB 8
  • Q1'10 REVENUE GUIDANCE UP 3.4% AT $935 MN (QOQ)
  • REVENUES UP 6% AT $902.7 MN, NET INCOME UP 5.4% AT $144 MN (QOQ)
  • TO IMPORT 1.2 MT/YR OF LNG FOR CAPTIVE USE AT THE POWER PLANT
  • DELHI HC REJECTS BAYER'S APPEAL AGAINST CIPLA'S SORANIB DRUG: NW
  • BANKS CAN ALLOW COS TO TWEAK ECB DRAWDOWN, REPAYMENT SCHEDULE: NW
  • TO SOON FINALISE PLANS FOR THE PROPOSED 1,200 MW DAHEJ POWER PLANT
  • CNX MIDCAP INDEX UP 0.88%, BSE SMALLCAP INDEX UP 0.44%
  • SENSEX CLOSES UP 106 POINTS, NIFTY UP 32 POINTS AT CLOSE
  • RIL HAS NOT STOPPED PETROL EXPORTS TO TEHRAN: NW
  • REVENUES FROM INDIA INCREASED TO 8% VS 2% NEARLY 2 YEARS AGO
  • CUTS ALUMINIUM PRODUCT PRICES BY RS.8000/TONNE
  • BANKS' LOAN GROWTH RATE SEEN AT 16-18% THIS FISCAL YEAR
  • CRR HIKE TO HAVE SOME IMPACT ON LIQUIDITY, NOT TO IMPACT LOAN RATES
  • TO REACH $1 BN REVENUE MARK THROUGH INORGANIC AND ORGANIC GROWTH
  • IPO PLANS HAVE BEEN REVIVED; LOOKING AT AN IPO SOON
  • OSE CONSORTIUM WINS 99 KM KARNATAKA HIGHWAY PROJECT WORTH RS.1700 CR
  • WILL ACHIEVE $500 MN IN REVENUES BY 2013
  • SOME STIMULUS MEASURES WILL BE ROLLED BACK BY APRIL
  • FY'10 EXPORTS LIKELY TO BE AROUND $165 BN-$170 BN
  • TO DIVEST 10% STAKE IN THE COMPANY VIA IPO: NW
  • MULLING TO RESERVE 1% OF SHARES IN IPO FOR STAFF: NW
  • MAHARASHTRA FACING A SHORTFALL OF 5,000 MEGAWATTS
  • EXPECT STABLE MARGINS IN THE AFFORDABLE HOUSING SEGMENT
  • EXPECT DOUBLE DIGIT GROWTH IN PROFITS NEXT YEAR
  • CONFIDENT THAT INDIA WOULD CONTINUE TO SEE INCREASING INFLOWS GOING AHEAD
Updated: 04/02/10 | 10:07 PM IST
Telecom
Quippo up for an IPO soon?
Telecom tower companies are quite the flavour of the season. Quippo-Tata Tele has its sight set high and may actually consider an Initial Public Offering (IPO) to get there.
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Bharti Airtel net profit at Rs 2237 cr
The telcom sector is losing shine. Bharti, India’s largest private telecom player, saw only a small increase in profit, as lower tariffs and high competition squeezes margins.
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RComm gets clean chit from RoC
The Registrar of Companies (RoC) has finally submitted its report on the investigation of Anil Ambani-owned Reliance Communications (RCom) to the ministry of corporate affairs.
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3G auctions likely in February
The government has postponed the 3G auctions by about 10 days. The auctions are likely to be held around February 20-22.
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Telecom operators see revenue dip
The per second billing introduced by telecom companies has come as a boon to millions of mobile users in the country but it is proving to be a bane for cellular service providers as it is affecting their revenues, feel industry experts.
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RCom may sell 5% in tower arm in pre-IPO deal
Reliance Communications is learnt to have begun talks with strategic and financial investors for selling five per cent stake in its tower unit prior to the planned initial public offering.
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GTL jumps into big league with Aircel tower deal
Diversified Group GTL on Thursday said it will acquire 17,500 telecom towers of mobile service provider Aircel Ltd for a total consideration of Rs 8,400 crore.
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GTL Infra plans 50K towers in 3 years
GTL Infrastructure, which on Thursday agreed to buy the tower business of Aircel, plans to have a footprint of 50,000 towers over the next three years, chairman Manoj Tirodkar said here on Thursday.
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Airtel to buy Warid Telecom for $300 mn
Sunil Mittal-owned Bharti Airtel on Tuesday said it will acquire 70 per cent stake in Warid Telecom of Bangladesh for $300 mn (about Rs 1,363 crore).
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March 31 deadline set for number portability
The government today said it will introduce mobile number portability across the country by March 31, 2010, a three-month delay from the scheduled date of launch.
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Special
GST rollout may be hit by more delays
GST rollout may be hit by more delays
India's ambitious target for rolling out a uniform goods and services tax in India is already behind schedule and now it looks like the rollout may not happen for another year or so, a move that will upset the government’s tax planning.

 
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